Page 36 - Factory Ship News Today

For iran tonight, and heres abcs chief global affairs correspondent martha raddatz. >> reporter: tonight, amid growing tension with iran, calls of sabotage near the worlds most important oil trading route. four oil tankers targeted at the entrance to the persian gulf. video showing a gash in one ships stern at the water line, appearing like it was rammed or hit by a projectile. it comes just days after the u.s. warned commercial vessels in the region that "iran and/or its regional proxies" could...

The other gulf coast states as severe storm passes through region. dumped more than a foot of rain in some parts, banks to have mississippi river approaching flood levels, louisiana has declared state of emergency while neighboring states face another round of thunderstorms and forced winds. china vowed to retaliate after u.s. more than doubled tariffs on $200 billion worth of chinese goods, the president trump still expecting optimism the trade talks will resume. negotiations without a deal, wa...

Not able to do that. we might see them increase their prices sooner. theres also a small window of time that retailers are hoping the u.s. and china will use wisely. cargo ships take about three to four weeks to arrive in the u.s. from china and anything already in transit as of that midnight deadline wont be subject to the new tax. roughly speaking it wont be till around june 1st that items arriving here in the u.s. will be subject to the new tax rate. the president of course has stressed this ...

4:15 teeeastern time. a cargo ship seized. tensions were already high between the u.s. and north korea, this likely to increase them following the failure of the hanoi summit. the justice department says the vessel was being used to haul coal to north korea from other countries, accusing china. they have accused the kim regime for using coal to fund the weapons program. this comes after north korea launched two short range missiles. the president says he doesnt believe north korea is ready to ne...

North korea breaking a whole host of promises. this after pyongyang conducted its second missile test in a week and the u.s. just sees a north korea cargo ship. lets speak to kylie at wowood. theyre testing missiles, that was one of the things he claimed from his failed two summits. the u.s. hitting back by trying to capture the ship and stop them evading sanctions. >> the interesting thing here, jim, is that they captured that ship about a year ago now. so the u.s. is just revealing it, interes...

They were smaller missiles, short range missiles. nobody is happy about it. the relationship continues but well see what happens. i know they want to negotiate. theyre talking about negotiating, but i dont think theyre ready to negotiate. >> president trump seeming to downplay another north korean missile launch even as tensions continue to rise. this is the second time in less than a week that kim jong-un has personally overseen a missile launch. "the washington post" reporting tonight that it ...

What message do you take from them? >> were looking at it seriously. they were smaller missiles, short range missiles. nobody is happy about it. the relationship continues but well see what happens. i know they want to negotiate. theyre talking about negotiating, but i dont think theyre ready to negotiate. >> president trump seeming to down play another north korean missile launch even as tensions continue to rise. this is the second time in less than a week that kim jong-un has personally overs...

Nobody is happy about it. the relationship continues but well see what happens. i know they want to negotiate. theyre talking about negotiating, but i dont think theyre ready to negotiate. >> president trump seeming to down play another north korean missile launch even as tensions continue to rise. this is the second time in less than a week that kim jong-un has personally overseen a missile launch. "the washington post" reporting tonight that it is part of a cal prated escalation -- calibrated ...

And the next three to four weeks were already in transit by the time the new tariffs took effect. they will be taxed at the old rate. so anything that leaves china after midnight last night will be subject to that 25% new tariff rate that is a huge price difference. its causing a conundrum for owners and retailers. port of the question is if retailers will absorb some or the cost increase or price the items to reflect the tariffs and losing some business. some big retailers may bulk orders antic...

Other, duh. >> how has it changed? >> alarming information on a couple of north korean fronts. lets start with that seized ship called the wise honest, the second biggest cargo ship in the north korean fleet. the first nabbed by the u.s. it was caught in the act last year about to do a ship to ship transfer, 25,000 tons of coal work $3 million off the indonesian coast in violation of u.n. sanctions. it has been docked in jakarta for the past year. the department of justice has done their work an...